Tag: tax free lump sum
Finance expert warns mistake at 55 could leave retirees ‘running out of cash in old age’
Short-term tax-savings could be leading people to make a major mistake just before they retire …
HMRC warns Brits trying to fix pension mistake ‘it cannot be undone’
HMRC has warned savers that they can’t reverse some of the preventative steps they took ahead of the Budget …
SPECIAL REPORT: 3 ways Labour will tax your pensions in Budget – and how to fight back now
The first Labour Budget in 14 years is just over two weeks away and taxpayers fear Chancellor Rachel Reeves is ready to do her worst. …
Every state pensioner could lose £268,725 tax free allowance from October
State pensioners face losing an allowance if Labour wields the axe in its ‘painful’ Budget in October. …